Don;
It could be that they are a company that is in the process of qualifying for listing on the V Exchange. Others with JV's with Noront are also in the same process. Seems only those with the ability to fund they obligations in JV's with Noront Resources are being given a JV.
AND WHY should it be any other way. Noront Resources knows (and knew last year) the potential for Market Disruption(s) and the Funding challenge many could find themselves in as a result. Everyone watching markets at all in the past two years would know the potential for exactly what we are presently seeing happen. Thus, why would NOT seek week hands to do JV's with.
They Wound NOT!
Old Joe
PS: Strength attracting Strength! That's what NOT got!